Tag: canadian dollar

Last week, USDCAD crashed from 1.2909 to as low as 1.2680. This week, the pair initially fell to 1.2623, but quickly reversed to the...

USDCAD fell from 1.3793 to as low as 1.2061 in a little over 4 months. This means the U.S. dollar lost a total of...

Last week, the Bank of Canada raised the interest rate for the first time in seven years, thus reinforcing the downtrend in USDCAD, which has been...

The last time we wrote about GBPCAD was almost half a year ago. On January 16th, 2017, the pair was hovering around its lowest...

USDCAD opened at 1.3467 on Monday. Three days later, the pair fell by over 300 pips to as low as 1.3165. According to the media,...

Earlier this month, on May 5th, USDCAD fell just 7 pips short of the 1.3800 mark and it looked like it is only a...

Ten days ago, on April 4th, USDCAD was hovering around 1.3450. Yesterday, the pair fell to as low as 1.3223, before recovering to 1.3338....

USDCAD closed at 1.3028 on Friday, February 3rd, continuing the decline from 1.3387, which began in mid-January. So, if you have been expecting more...

If you have been following USDCAD, you would agree that this week is nothing like last week. Between January 17th and 20th, the pair...

It has been over two and a half months since our last post about GBPCAD, called “Not the Time to Join the Bears in...

USDCAD bulls must be having a good time. The pair has been adding pips faster than a speed train in the last three trading...

Just like virtually any other currency pair, USDCAD was subject to increased volatility after the U.S. election results came out. The rate registered a...

The Pound Sterling has been the biggest loser among all other major currencies in 2016, so it no surprise it has falling sharply against...

The week did not start well for USDCAD, which declined to 1.3139 on Monday, October 10th, but the bulls managed to regroup and pushed...

The last time we wrote about EURCAD was on May 5th, 2016, while the pair was trading around 1.4660. In “EURCAD Elliott Wave Dissection”...

Last Friday, USDCAD climbed to 1.3247 and despite this week’s attempts to reach this level again, the best the bulls were capable of was...

USDCAD has been rather boring recently. The pair has been moving sideways for several months now, locked between 1.3250 and 1.2660 since May. Such...

USDCAD reached 1.3187 in May, but then fell to as low as 1.2654 by June 8th. However, the pair recently took out the top...

USDCAD is back to the upside. After bottoming at 1.2654, the pair is once again looking bullish just a day after it climbed to...

It was June 2nd, when USDCAD climbed to 1.3142 and it looked like it was only a matter of time for the pair to...

EURCAD was flying above 1.6100 in January this year. A little over 4 months later – in the end of April – the pair...

EURCAD was trading at 1.5785 on February 11th, when we published “EURCAD at the Edge of the Abyss?”. We were expecting a sell-off, which...

In our previous analysis of EURCAD, we suggested the pair has to complete a three-wave corrective recovery, before the time for another large leg...

EURCAD surpassed the 1.61 mark on January 20th, but the bulls could not hold on to that momentum, which led to a sharp decline...

Less than a month ago, on September 16th, we published “The EURCAD Saga Continues”, saying that “the exchange rate is likely to plunge below...

It’s been a little over five months, since we published “USDCAD Bulls Are Waking Up” on May 3rd. In that article we shared our...

On July 29th we published “EURCAD And The Art Of Reversal Prediction” to demonstrate how the Elliott Wave Principle can help you forecast major...

It’s been more than four months since we published “EURCAD, Are The Bears Getting Tired?”. On March 27th, while EURCAD was trading near 1.3570,...

In our previous article about USDCAD, called “USDCAD And The Fibonacci Precision”, published on July 3rd, we suggested that “the rally still has some...

“We should prepare for more USDCAD strength from now on. Levels around 1.26 or higher should not be surprising.” This is an excerpt from...